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231 4th St

Watkins, MN 55389

2 bd 1 ba 1,238 sqft Built 1948 Lot 13,068 sqft single_family
Most recent sale
$176,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $176,000 MLS #6177721
Apr 12, 2022 Listed $169,900 MLS #6177721
Jul 2, 2016 Sold $109,900 MLS #4733152
Jun 27, 2016 Listed $109,900 MLS #4733152
Jun 2, 2016 Listing removed $109,900 NorthstarMLS
Oct 15, 2015 Listed $109,900 MLS #4654410
Nov 1, 2005 Sold $109,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $126,651 $2,026
2023 $93,887 $1,766
2022 $76,447 $1,162
2021 $69,907 $1,080
2020 $61,950 $992
2019 $59,225 $940
2018 $53,884 $844
2017 $44,460 $1,308
2016 $40,260 $1,306
2015 $45,400 $45,400 $1,464
2014 $49,700 $49,700 $1,540
2013 $68,800 $68,800 $2,018
2012 $74,700 $74,700 $2,346
2011 $89,800 $12,900 $102,700 $2,342
2010 $89,800 $12,900 $102,700 $2,044
2009 $103,900 $1,774

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,238 sqft
Lot size
13,068 sqft
ZIP code
55389
City
Watkins
Street
4th St
Coordinates
45.31924, -94.40815

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,857
Gross rental yield
12.66%
Implied cap rate
8.23%
Trend-extrapolated value

Frequently asked questions

When did 231 4th St last sell?
231 4th St most recently sold on May 13, 2022 for $176,000.
What is the current tax assessment for 231 4th St?
The most recent total assessment for 231 4th St (year 2025) is $126,651 with $2,026 in property tax.
How does 231 4th St's assessment compare to its last sale price?
The current assessment is 28.0% below the last sale price of $176,000.
When was 231 4th St built?
231 4th St was built in 1948.
How does 231 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 231 4th St?
231 4th St is a 2 bed, 1 bath, 1,238 sqft, 13,068 sqft lot single_family.
Is 231 4th St a flip candidate?
No — 231 4th St does not appear in our flips dataset.
Is 231 4th St a tax-appeal candidate?
No — 231 4th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.7%
Implied 1-yr
+30.8%
2026 Q3
$433.1K
2026 Q4
$455.3K
ZIP 55389 — Median Price History + Forecast

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